Small Business Funding: How To Apply For Small Business Grant!

How to turn your skills into a profitable business

Small business startup grants are a great way for a small home business entrepreneur to go when the money is not just there. This is because small business startup grant is money that you normally may not have to repay. And if you think that your small home business needs some infusion of capital but do not want to go the way of borrowing then this article is something you should really look into.

Of course the process of applying for a small business grant can be a daunting task. You must understand that small business grants are a much different source of financing for your home business than small business loans. A business grant application requires some details to be successful and when things are not done right it may be difficult to get them. The secret to succeeding with them is to follow the directions. Getting a business grant is going to take a lot of time, but it is worth it if you are starting a new business.

Here’s a website you will want to check out if you’re looking to apply for a small business grant:

There is a lot of information on small business grants on this site and on this site you can receive up to one thousand dollars for your business ideas. Also on this same website you may want to take a look at this page:

which will give you some information as far as what you should look for when trying to get a grant. This is really useful information. Besides, on this page, there is a calculator that can help you determine how much money you may need when financing your small business. This can be very good because most people will put together a business plan but have no idea of how much they may possibly need.

If you want some federal government small business grant then note that the Small Business Administration currently does not give away any grant money directly. If grant money is to be given, it is passed along through intermediaries such as lending institutions.

However some of the reasons for US grants are: small business start-ups, preserving historic monuments, continuing education, and art. These grants are given every year. The unfortunate thing is that for every million grants that are applied for each year only a few hundred are actually granted. Some of these are free grants while others are more like loans which you?re required to repay with interest.

Tips For Applying For A Small Business Grant

1. Know what type of grant you actually need. The Small Business Association (SBA) or Small Business Development Center (SBDC) is great help here. Without proper research to know your funding needs your grant application may be rejected.

2. Before sending in your application make sure you meet the grant requirements.

3. A grant proposal letter and a business plan could be of great help as this can help you stand out among the crowd. Preparing this demonstrates that you know much about the business.

4. If you think you do not have enough experience to go it on your own, it may be best to bring in outside experts to help. An accountant or consultant can add credibility to your application process.

5. Keep in touch. Make regular contact with the grant office in a professional, non-intrusive manner.
Once your application, proposal and business plan are all complete and submitted the next step is just being patient. In some cases, it can take up to twelve months for approval.

This article may not have touched on all the points you need in your search for more sources of funding for your online businesses. Of course I couldn’t have done that in such a small space as this. There are of course many different forms of funding and financing for your business other than grants so do not think that this is your only option.

Wishing you the best of luck as you search for the perfect grant for your small business.

US Government Shutdown: Lessons and Hard Realities of Our Time!

On Tuesday 1st October, 2013 following a disagreement between Republicans on the one hand and Democrats on the other, there is presently the unimaginable – the US government shut down!

The issues?

Republicans in the US Congress insisting that any new spending bill include provisions to either defund, derail or otherwise chip away at Obamacare while the Democrats are insisting it mustn’t be.

This stale-ment has now led to the Congress not passing spending bills that fund the government and so, most functions of government – from funding agencies to paying out small business loans and processing passport requests – have now grind to a halt!

However, though it is being referred to as the “US Government Shutdown” the fact is that those who are principally affected are those referred to as “non-essential” workers. While these ones (about 800,000 out of the 3.3 million government employees) will be out of work and without pay, other “essential” government workers will continue working.

Most surprising however, is that while these “non-essential” employees go home without pay, the President, the House and Senate members will not be affected by the shutdown as they will continue to draw their pay checks!

It’s indeed a surprising thing for many that this is happening to the biggest economy of our time because beyond this disagreement about spending there’s also the issue of the debt ceiling. With the U.S. on the verge of maxing out its $16.699 trillion credit we know that more is yet to come. And so, we will need to look into our crystal ball right now in order to pick up a few lessons that can help us.

For me, here are a few lessons that come out plainly from the shutdown

U.S. Government Shut Down!

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1. J.O.B.  Security Is a Myth!

It’s really funny but the biggest lesson I can learn from this government shutdown is the fact that there is nothing like JOB security. Of course, many believe that government jobs are safe and securing such an employment is securing ones future. But we can see right through this shutdown that this is simply a myth. Government jobs, and any other job for that matter, are not safe!

2. You Are Not Secure If Your Future Is Dependent On the Actions of Other

This is another plain truth from this government shut down.

In the recent past few years there have been a whole lot of bickering around the world as a result of the economic downturn that befell many countries.  We saw how the masses rose up against their governments in various countries in mass protest not quite long ago. All of these are plain facts that the government is not the solution. You must be ready to take your destiny in your own hands.

3. You Need Your Own Business

I think this is obvious. Knowing that there is no J.O.B. security (even in government employment) and because you cannot hinge your future in the actions of some government official, becoming an entrepreneur and starting your own business is the best option. You can start small. Even if you are in government employment right now you can have a side business.

The internet has opened a whole lot of opportunity to all of us. There are various business ideas you can pick on today and build your own online business around. But remember, building a business is unlike a government employment where you are guaranteed a pay check each and every month. Building your own business demands specific skills and entrepreneurial traits like hard work, honesty, perseverance, focus, vision, etc. Start early enough and you will not be afraid when the rainy days come!

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4. Whatever You Do Make Yourself “Essential!”

Now, let’s face it. What you are doing right now, how essential is it? Are you running a business blog like this one or is your online business model that of providing services for other businesses like B2B content writing services? Are your blog or business services really that “essential” that even if there is a “shut down” today you will be protected? How productive are your activities, can they guide against a shutdown?

It is definitely clear that the world demands more than just being a “noise” in the marketplace these days. The only way to stand out so you can beat any form of “shutdown” is to be a “voice”, like what you have in the Congress and many other “essential” government jobs who, despite this unpleasant situation, will continue to receive their pay!

Build your own business but in doing so make sure you make it “essential!”

5. Bullet-Proof Your Business That It Will Continue To Be Relevant Even When There Is A Shut Down!

It is pertinent that what is happening right now will soon begin to affect some businesses even though they are not government agencies. This means therefore that when you start your own business you must establish systems that will ensure that no matter what happens in our unpredictable economic environment, your business will continue to run.

If your business is online, there are few things you can do. For example, investing in a system that will continue to drive targeted traffic to your business sites no matter what is happening (SEO optimized web content) can help. Even when money is in short supply to invest in more business activities, your marketing content ranking high in the search engines will continue to drive traffic to your sites for years to come. Such content will help your brand build a solid reputation, generate leads, drive a flood of website traffic, and also save your business even when there is a shutdown!

Over to You: Has the government shutdown affected you in any way? How about some unforeseen event forcing a shutdown of your business operations, can your business survive it? Share your thoughts with us in your comments below.

A New Posting & Editorial Calendar For The Web Income Journal

Blogging is a publishing business and like every publisher would know, without an editorial calendar, you could run into a whole lot of confusion.

Frankly, I had not really taken this into consideration before now. But in the recent few weeks, in a bid to better apply my time to effective use, I have taken a concerned look at the publishing schedule of the Web Income Journal. I have realized therefore that a more structured publishing calendar is necessary.

For this reason, starting July 1, the Web Income Journal will be featuring a new publishing schedule/calendar. And so, knowing too well that this is much about you as it is about me writing the blog,  it is therefore my pleasure to officially lay out this structure so that you too can be a part of it.

A Brief Report of the First Half of Year 2012

First, I want to say the first half of year 2012 had been a wonderful one for us despite some of the problems we experienced, e.g. the crash following the movement to another web host. But all in all, the blog has been doing very well. Traffic has increased, most of which is coming from the search engines (an indication that the blog is doing very well SEO-wise even with the Google slap that everyone is complaining about!).  Besides, more and more people are linking to the site without my asking them – a clear endorsement for the content!

Also, in the past few weeks, I’ve received invitations to contribute to some very interesting blogs. I’m really excited about this and very soon you will be seeing my content on some of these blogs.

I must say that all of these wouldn’t have come to be without you. And so, let me use this opportunity to once again thank you for being a part of the Web Income Journal. I do hope that with our new posting schedule and calendar you’ll get more involved. 🙂

The New Publishing Schedule for the Web Income Journal

After a careful study of what we have been doing in the past, I’ve decided to settle for a weekly publication of 3 posts which I’ve branded as follows:

1. Community Time Out – This will be on every Mondays and the purpose is to discuss any issue that has to do with running a business online. As I have always said, the Web Income Journal is here to build a community of like minds. It is not really about ME but US! This community time-out is therefore a platform for all of us to discuss any salient issue that will help us become more successful with our online businesses.

Thus far, I have been determining, through my posts, what topics to be discussed on the blog. But with this, you too have the opportunity to suggest what should be discussed. You can make your suggestions by sending them by using our contact form. Once a week we will pick one or two of the suggested topics and all of us will make our contributions.

Please note that the purpose is to increase our knowledge and to help our online businesses so, it will be a good thing if you make your suggestions worthwhile.

2. WebIncomenomics! – Ok, this is actually my own coinage which I’ve come to define as, “the science and art of making a living online!”

Yes, there is a science (the knowledge, theories, insights etc) and art (the tactics, practical steps etc) to making the internet work for you. As you know we have always tried to provide educative, informative and entertaining blog articles to help in these areas. The good news is that we will continue to do this. But this time,  such posts will be published on Wednesdays.

As usual, these may be my personal posts or guest posts written by our wonderful guest contributors.  Let me quickly say that our criteria in accepting guest posts will also be more selective than usual. If you want to contribute as a guest blogger please read our guest blogging terms here and follow the instructions.

3. Issues In The News – I’ve come to realize that as a journal dedicated to providing information on marketing and general business online, it is important to, as much as possible, touch on current issues that impacts on our business dealings on the net. This being so, every Friday, we will take a look at any issue in the news that in any way impact on our online businesses. We will present the issue and then give our analysis and commentary.

You also have the opportunity to contribute to this through your comments and through your guest posts. So, if there is any current issues you want to target in your guest post, simply send it and let me know how urgent it is and it will be treated accordingly.

We’re All in This Together!

It will interest you to know that I have really been experimenting with all of these for some time now. For example, when I featured the cartoon on making friends on social media, I was only testing the community discussion idea. Also, the posts on Facebooks IPO and the Workers Day Celebration were a test of the “Issues in the News” idea.

Your responses to these posts have shown that we can do something much better. With this new publishing calendar all of us will know ahead of time on what we have in stock and then we can contribute as necessary.

Of course, how this will come out depends on all of us. Especially on the community time out, the topics you send in for discussion will greatly determine how it will go. Therefore, I ask that you make things easier for all of us.

Please let’s make this truly interactive and fun. I love you all!

So, Let’s know your take: What do you think of this new schedule? Is there any suggestion on how you think it can be made more interactive and entertaining? Please share your views in your comments below.